Commonwealth Featured in WAVY News for Virginia Beach Hotel Redevelopment
Commonwealth was recently featured in a WAVY News story highlighting the proposed redevelopment of the Ramada Plaza Oceanfront in Virginia Beach into Hotel Indigo, an upper-upscale lifestyle hotel. The $19 million redevelopment project is being led by longtime local restaurateur Mike Standing and Commonwealth Lodging.
The article features insights from Commonwealth’s Chief Development Officer, Ed Denton, and Senior Investment Associate, Lindell Stone, who discuss the vision for transforming the property into a destination that reflects the character of Virginia Beach while meeting growing demand for experiential travel. The project is expected to generate significant economic impact through increased tourism, new jobs, and higher annual tax revenue.
Read the full article from WAVY News to learn more about the proposed redevelopment and Commonwealth’s role in bringing the project to life: https://www.wavy.com/news/local-news/virginia-beach/virginia-beach-hotel-could-be-redeveloped-with-help-from-state-incentive-program/
Source: WAVY News, June 16, 2026, by Brett Hall
